Category: Business

Business

Addis Ababa Unveils 8-Story Zewditu Hospital Expansion

Addis Ababa, Ethiopia — A new chapter in Ethiopia’s healthcare modernization is set to begin with the completion of the Zewditu Memorial Hospital B+G+8 expansion building, a state-of-the-art facility constructed by the Addis Ababa Design and Construction Works Bureau. The hospital expansion, already finalized and awaiting official inauguration, is being hailed as a pivotal investment

September 11, 2025 By Addis Insight
Business

Addis Ababa City Administration Approves New Setback Rules

Addis Ababa Approves Landmark Building Setback Directive to Standardize Urban Growth Addis Ababa, Ethiopia – In a decisive step toward reshaping the capital’s urban landscape, the Addis Ababa City Administration has approved and issued a sweeping directive on building setbacks and frontage rules. The new framework, endorsed during the city cabinet’s 5th regular meeting and

September 10, 2025 By Addis Insight
Business

Meet Emebet Mehabaw: Ethiopia’s First Woman Selected to Travel to Space in 2029

Addis Ababa – Ethiopia is preparing to mark a milestone in global space history as Emebet Mehabaw, a young aerospace engineer and space scientist, has been selected to travel into orbit in March 2029. She will represent Ethiopia as the nation’s first astronaut candidate and says she intends to carry the Ethiopian flag on this

September 10, 2025 By Addis Insight
Business

OKX Kicks Off WLFI Trade & Earn Campaign with Over $520,000 in Rewards

The WLFI Trade & Earn Campaign is officially LIVE on OKX, giving crypto traders and Web3 enthusiasts a chance to claim a share of more than $520,000 in prizes — including 300,000 $WLFI and 220,000 $USD1. The campaign runs from September 1 – September 16, 2025 (UTC), and rewards will be distributed on a first-come,

September 10, 2025 By Addis Insight
Business

Ethiopian Airlines Expands Regional Connectivity with New Twin Otter Aircraft from Canada

A Meeting on the Tarmac When Canada’s Ambassador to Ethiopia, Nicolas Simard, met Ethiopian Airlines Group CEO Mesfin Tasew on the tarmac of Addis Ababa Bole International Airport, it was more than a ceremonial photo opportunity. At the center of their meeting was the arrival of two new Twin Otter Series 300-G aircraft, freshly delivered

September 10, 2025 By Addis Insight
Business

When Fintech Meets Nation-Building: Chapa’s MyGERD Case Study

On September 9, 2025, Ethiopia officially inaugurated the Grand Ethiopian Renaissance Dam (GERD)—a generational project now recognized as Africa’s largest hydroelectric facility. The ceremony capped more than a decade of construction and domestic fundraising, and it doubled as a testament to the power of citizen mobilization—much of it catalyzed online. The dam’s ultimate nameplate capacity

September 10, 2025 By Addis Insight
Business

The Dam Builder: The Life, Work, and Tragic Death of Simegnew Bekele

I. The Making of an Engineer In Ethiopia’s modern history, few individuals so fully embodied a nation’s aspirations as Simegnew Bekele Aynalem. Born in a quiet farming village and rising to the helm of the continent’s largest hydroelectric project, he became far more than an engineer. For millions, he was a symbol: of technical excellence,

September 9, 2025 By Addis Insight
Business

Ethiopia Unveils $30 Billion Infrastructure Push, Including Nuclear Plant

Addis Ababa — Ethiopia is preparing to launch six large-scale infrastructure projects worth an estimated $30 billion, Prime Minister Abiy Ahmed said in a national address, underscoring the government’s push to expand energy production, refine oil domestically, and address urban housing shortages. The initiative includes a nuclear power plant, an oil refinery, a natural gas

September 9, 2025 By Addis Insight
Business

EIB Global Partners with Ethiopian Banks to Unlock Climate Finance

The European Investment Bank’s development arm, EIB Global, has signed technical assistance agreements with Zemen Bank SC, Dashen Bank SC and Hibret Bank in Ethiopia that will support them in strengthening their ability to identify, assess, and manage climate-related risks, integrating them into their business strategies and daily operations. The banks will be better equipped

September 9, 2025 By Addis Insight
Business

Why the GERD Dam Should Be a University Course: Lessons Across Disciplines

When Ethiopia completed the Grand Ethiopian Renaissance Dam (GERD) in 2025, it built far more than Africa’s largest hydropower facility. It created a living classroom—a case study that touches on engineering, economics, political science, hydrology, climate, fisheries, and even tourism. GERD represents the convergence of technology, geopolitics, and society, making it an ideal subject for

September 8, 2025 By Addis Insight